oil

U.S. crude oil production rose by 2% in 2024

U.S. crude oil production grew by 270,000 barrels per day (b/d) in 2024 to average 13.2 million b/d, according to…

5 days ago

Eagle Ford natural gas production increases as crude oil production holds steady

In our April Short-Term Energy Outlook, we forecast U.S. annual natural gas production from the Eagle Ford region in southwest…

7 days ago

U.S. crude oil exports reached a new record in 2024

U.S. crude oil exports in 2024 surpassed the previous record set in 2023, exceeding an annual average of 4.1 million…

2 weeks ago

State Energy Data System: Lubricants, asphalt, and road oil through 2023

(Fri, 28 Mar 2025) Annual state-level estimates of consumption, prices, and expenditures for lubricants, asphalt, and road oil.

3 weeks ago

EIA forecasts Alaska crude oil production will grow in 2026 for the first time since 2017

In our March 2025 Short-Term Energy Outlook, we forecast crude oil production in Alaska will increase by 16,000 barrels per…

1 month ago

State Energy Data System: Distillate fuel oil, renewable diesel, and biodiesel through 2023

(Fri, 28 Feb 2025) Annual state-level estimates of consumption, prices, and expenditures for distillate fuel oil and consumption for renewable…

2 months ago

China’s crude oil imports decreased from a record as refinery activity slowed

Slower oil demand growth in 2024 led to less crude oil processed by China's refineries and fewer crude oil imports…

2 months ago

China’s crude oil imports decreased from a record as refinery activity slowed

Slower oil demand growth in 2024 led to less crude oil processed by China’s refineries and fewer crude oil imports…

2 months ago

Rarely used oil, coal helped power New England during recent cold snap

Below average temperatures in the eastern United States during the week of January 19, 2025, resulted in high demand for…

2 months ago

U.S. retail gasoline prices to decrease in 2025 and 2026 with lower crude oil price

In our January Short-Term Energy Outlook, we now forecast U.S. retail gasoline prices through the end of 2026. We estimate…

3 months ago